Verity Asset Management Inc. lowered its holdings in Financial Select Sector SPDR ETF (NYSEARCA:XLF) by 22.6% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 10,412 shares of the exchange traded fund’s stock after selling 3,033 shares during the quarter. Verity Asset Management Inc.’s holdings in Financial Select Sector SPDR ETF were worth $277,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in XLF. Steinberg Global Asset Management grew its holdings in Financial Select Sector SPDR ETF by 1.3% in the 2nd quarter. Steinberg Global Asset Management now owns 533,612 shares of the exchange traded fund’s stock valued at $13,164,000 after buying an additional 6,783 shares during the last quarter. Benjamin F. Edwards & Company Inc. grew its holdings in Financial Select Sector SPDR ETF by 87.7% in the 2nd quarter. Benjamin F. Edwards & Company Inc. now owns 29,142 shares of the exchange traded fund’s stock valued at $719,000 after buying an additional 13,615 shares during the last quarter. Capital Advisors Ltd. LLC grew its holdings in Financial Select Sector SPDR ETF by 2.0% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 21,582 shares of the exchange traded fund’s stock valued at $532,000 after buying an additional 421 shares during the last quarter. Boston Financial Mangement LLC grew its holdings in Financial Select Sector SPDR ETF by 2.7% in the 2nd quarter. Boston Financial Mangement LLC now owns 137,279 shares of the exchange traded fund’s stock valued at $3,387,000 after buying an additional 3,575 shares during the last quarter. Finally, Schnieders Capital Management LLC grew its holdings in Financial Select Sector SPDR ETF by 6.7% in the 2nd quarter. Schnieders Capital Management LLC now owns 27,448 shares of the exchange traded fund’s stock valued at $677,000 after buying an additional 1,730 shares during the last quarter.

Financial Select Sector SPDR ETF (NYSEARCA:XLF) traded down $0.01 on Monday, reaching $26.22. The company’s stock had a trading volume of 12,172,400 shares, compared to its average volume of 62,748,723. Financial Select Sector SPDR ETF has a 12-month low of $22.09 and a 12-month high of $26.93.

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About Financial Select Sector SPDR ETF

The Fund seeks to provide investors with a low-cost passive approach for investing in a portfolio of equity securities of firms as represented by the Financial Select Sector Index.

Institutional Ownership by Quarter for Financial Select Sector SPDR ETF (NYSEARCA:XLF)

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